Power Generation Market 2022 – Opportunities And Strategies – Forecast To 2031

The Business Research Company’s Power Generation Market 2022 – Opportunities And Strategies – Global Forecast To 2031

According to the power generation industry analysis, the increasing applications of electricity in the transportation industry are expected to increase the demand for electricity, thus driving the demand for power generation services. The rise in electric vehicles in developing countries will create significant opportunities for power generation companies in the market. Also, according to Bloomberg New Energy Finance (BNEF), EVs will hit 10% of global passenger vehicle sales by 2025, rising to 28% in 2030 and 58% in 2040.

Read more on the Global Power Generation Market Report https://www.thebusinessresearchcompany.com/report/power-generation-market

The global power generation market size is expected to grow from $1.61 trillion in 2021 to $2.46 trillion in 2026 at a rate of 8.8%. The global power generation market share is then expected to grow at a CAGR of 10.1% from 2026 and reach $3.98 trillion in 2031.

Major players covered in the global power generation industry are Enel SpA, Electricite De France SA, State Power Investment Corporation, E.ON SE, Engie.

TBRC’s power generation market report is segmented by type into hydroelectricity, fossil fuel electricity, nuclear electricity, solar electricity, wind electricity, geothermal electricity, biomass electricity, other electricity, by end-user into industrial, commercial, residential, transportation, by source of energy into conventional/non-renewable source, renewable source, by type of grid into off grid, on grid.

Power Generation Market 2022 – By Type (Hydroelectricity, Fossil Fuel Electricity, Nuclear Electricity, Solar Electricity, Wind Electricity, Geothermal Electricity, Biomass Electricity, Other Electricity), By End-User (Industrial, Commercial, Residential, Transportation), By Source Of Energy (Conventional/Non-Renewable Source, Renewable Source), By Type Of Grid (Off Grid, On Grid), And By Region, Opportunities And Strategies – Global Forecast To 2031 is one of a series of new reports from The Business Research Company that provides a power generation market overview, forecast power generation market size and growth for the whole market, power generation market segments, geographies, power generation market trends, power generation market drivers, restraints, leading competitors’ revenues, profiles, and market shares.

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